Anthropic Prepares to File Its IPO Prospectus as Soon as Friday
Anthropic Prepares to File Its IPO Prospectus as Soon as Friday Anthropic plans to make its IPO prospectus public as early as Friday, according to people familiar with the matter,…
Moody’s Raises TSMC to Aa2, Citing AI Demand and Advanced-Node Lead
Moody’s Raises TSMC to Aa2, Citing AI Demand and Advanced-Node Lead Moody’s Ratings lifted its issuer rating on Taiwan Semiconductor Manufacturing Co. to Aa2 from Aa3 on Wednesday, moving the…
Blacksmith Reaches $1 Billion Valuation as AI Code Chokes Build Pipelines
Blacksmith Reaches $1 Billion Valuation as AI Code Chokes Build Pipelines Every change a developer proposes still has to be built and tested before it can be merged, and that…
EBay Cuts 9% of Its Staff and Says the Strategy Is Working
The memo reached eBay employees on Tuesday. It came from Jamie Iannone, the chief executive, and it carried a line that has become standard in technology but reads oddly next…
Automattic Cuts Staff While Its Boardroom Is Still Emptying
Megan Fox, Automattic’s director of communications, posted on LinkedIn last week that her role had been “eliminated.” She called it an “unexpected end.” She was not the only one writing…
Bose Buys a Younger Audience and Leaves the Nameplate Alone
Skullcandy began in 2003 on a chairlift in Park City, Utah, selling headphones to snowboarders who wanted bass and did not want to pay Bose prices. On Wednesday, Bose bought…
A Billion Dollars for a Kernel
A Billion Dollars for a Kernel Most artificial-intelligence startups raise a first institutional round to build a product. Flapping Airplanes raised a Series A to make a point about silicon,…
Legora’s $8.8 Billion Bet on Fewer Billable Hours
Legora’s $8.8 Billion Bet on Fewer Billable Hours For most of the past decade, legal technology sold itself as a way to help lawyers bill more. Legora sells software meant…
Intel’s Arizona Buildout Reaches the Tooling Stage
Intel’s Arizona Buildout Reaches the Tooling Stage In chip manufacturing, the building is the cheap part. A finished cleanroom shell proves a company intends to make semiconductors; the machines that…
Tesla and Nvidia Fund Substrate Capacity, Betting on a Chip Bottleneck
The scarcest part of an AI system is no longer always the processor. Increasingly it is the laminated rectangle underneath, a package substrate that carries thousands of signal traces from…
